India Rock Drilling Machine Market (2025-2031) Outlook | Revenue, Size, Growth, Trends, Share, Industry, Forecast, Value, Analysis & Companies
Market Forecast By Type (Hydraulic Drills, Electric Drills, Others), By Application (Mining Industry, Construction Industry, Others) And Competitive Landscape
| Product Code: ETC104503 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Rock Drilling Machine Market Import Shipment Trend (2020-2024)
The India rock drilling machine market import shipment experienced a notable decline with a CAGR of -20.1% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by -15.6%, indicating a continued downturn. The market significantly contracted, showing a consistent downward trend over the period.
India Rock Drilling Machine Market Synopsis
The Indiarock drilling machine market is projected to witness significant growth over the forecast period due to increasing demand from various industrial sectors such as mining, construction and infrastructure. Increasing government investments in infrastructure development projects will further propel the demand for rock drilling machines in India. Additionally, rising adoption of advanced technologies such as rotary blast hole drills and crawler drills are expected to create lucrative opportunities for the manufacturers operating in this market.
Market Drivers
The Rock Drilling Machine Market in India is expected to grow at a CAGR of around 6.7% during the forecast period 2025-2031. The growth of the market can be attributed to increasing demand from end user industries such as construction, mining, and defense etc., growing infrastructure activities across the country, and rising government initiatives for development of highways and rail network. Additionally, technological advancements in rock drilling machines like automated functions are also expected to fuel the market growth in India.
Challenges of the Market
High cost associated with rock drilling machines is likely to restrain the market growth over the forecast period. Moreover, volatile raw material prices may affect production costs which can further hamper market growth in future.
Key Players in the Market
Key players operating in IndiaRock Drilling Machine Market include Atlas Copco (India) Ltd., Sandvik Asia Pvt Ltd., Scharpoord BVBA, ACE Manufacturing Systems Limited (India), JCB India Limited , Boart Longyear Group Inc., Fujian Dakeli Co,.Ltd., Shandong Head Co,.Ltd.; Wuxi Geotec Geological Equipment Co,.LTD; HUSQVARNA AB; and Furukawa Electric Company among others
Key Highlights of the Report:
- India Rock Drilling Machine Market Outlook
- Market Size of India Rock Drilling Machine Market, 2024
- Forecast of India Rock Drilling Machine Market, 2031
- Historical Data and Forecast of India Rock Drilling Machine Revenues & Volume for the Period 2021-2031
- India Rock Drilling Machine Market Trend Evolution
- India Rock Drilling Machine Market Drivers and Challenges
- India Rock Drilling Machine Price Trends
- India Rock Drilling Machine Porter's Five Forces
- India Rock Drilling Machine Industry Life Cycle
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Hydraulic Drills for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Electric Drills for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Mining Industry for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Construction Industry for the Period 2021-2031
- Historical Data and Forecast of India Rock Drilling Machine Market Revenues & Volume By Others for the Period 2021-2031
- India Rock Drilling Machine Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- India Rock Drilling Machine Top Companies Market Share
- India Rock Drilling Machine Competitive Benchmarking By Technical and Operational Parameters
- India Rock Drilling Machine Company Profiles
- India Rock Drilling Machine Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Rock Drilling Machine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Rock Drilling Machine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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Export potential assessment - trade Analytics for 2030
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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